Jason Furniture financial indicator trend analysis is infinitely more than just investigating Jason Furniture recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jason Furniture is a good investment. Please check the relationship between Jason Furniture Cash and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jason Furniture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Cash vs Other Current Liab
Cash vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jason Furniture Cash account and Other Current Liab. At this time, the significance of the direction appears to have weak relationship.
The correlation between Jason Furniture's Cash and Other Current Liab is 0.32. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Jason Furniture, assuming nothing else is changed. The correlation between historical values of Jason Furniture's Cash and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Jason Furniture are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Cash i.e., Jason Furniture's Cash and Other Current Liab go up and down completely randomly.
Cash refers to the most liquid asset of Jason Furniture, which is listed under current asset account on Jason Furniture balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Jason Furniture customers. The amounts must be unrestricted with restricted cash listed in a different Jason Furniture account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Other Current Liab
Most indicators from Jason Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jason Furniture current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jason Furniture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Balance Sheet is a snapshot of the financial position of Jason Furniture at a specified time, usually calculated after every quarter, six months, or one year. Jason Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jason Furniture and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jason currently owns. An asset can also be divided into two categories, current and non-current.